BlackRock’s iShares Bitcoin Trust (IBIT) Sees $102.7M Inflow as Bitcoin Adoption Surges

BlackRock’s iShares Bitcoin Trust (IBIT) recorded a significant inflow, underlining optimistic market sentiment. The fund’s performance contradicts recent negative sentiment trends in the broader crypto market. Thomas Fahrer highlights BlackRock’s substantial Bitcoin acquisitions as a sign of increasing institutional interest. BlackRock’s surging Bitcoin investments signal an increasing embrace of cryptocurrency by institutional players, setting the

Source: CoinOtag